CBRE Investment Management has secured two new LGPS investors for its UK Affordable Housing Fund (AHF). Tyne and Wear Pension Fund and Scottish Borders Council Pension Fund bring the total number of LGPS subscribers to nine, with 23 investors overall and total equity commitments of over £500 mln (€568 mln).
German-listed real estate company Branicks Group has sold a retail property in Bremen city centre to municipal urban developer Brestadt for €37.2 mln.
